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Old 19th May 2020, 18:38
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Commander Taco
 
Join Date: Sep 2007
Location: Canada
Posts: 163
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Originally Posted by jumpy737
Two? The 6th is about to be delivered from Charleston and with load factors pre-covid of 95% plus I’d say the early demise is premature.
Six fins already - I hadn’t realized WJ had ramped up that quickly. As you know, WJ’s transition to a full-service overseas carrier was considered by some financial analysts to be quite risky even in the strong market that existed pre-Covid. Post-Covid, an expensive relaunch into a market full of overcapacity........it will all hinge on Onex’s appetite to acquire and sustain a high cost capital asset in in what will be a low yield environment for some time to come.

To be sure, crappy times for all.
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